LONDON, April 7, 2025 /PRNewswire/ -- Vistra, a leading provider of essential business services, is proud to announce the launch of Vistra Fund Solutions. This new strategic business proposition is laser-focused on supporting Vistra's existing fund manager clients with dedicated end-to-end services delivered by specialist teams, and on realising its full potential for growth with new customers across the globe.
Using the acquisition of Phoenix American Fund Administration and Transfer Agent business in 2024 as the catalyst, Vistra has transformed its fund offering into a high-touch global service model. Vistra Fund Solutions will deliver expert services across funds and SPV administration globally, powered by world-class people who live and breathe fund solutions, and a proprietary technology platform that leverages market-leading vendor systems. The new global business proposition has been meticulously designed to deliver seamless service and high-touch support to clients wherever they are in the world and a brand experience that the market deserves.
"The launch of Vistra Fund Solutions elevates Vistra's position in the funds market and brings into sharper relief the value we offer our global clients," says Simon Webster, CEO of Vistra. "We already had a strong and powerful funds business with great people, strong capabilities and huge potential. Now it's time to realise that potential by clarifying what makes Vistra Funds Solutions different and why we're the natural partner of choice for fund administration and support anywhere in the world."
Led by Abdel Hmitti, Vistra Fund Solutions provides a vertically integrated proposition that offers products and services to support fund structures, SPVs, and other related entities, ensuring a comprehensive approach across Private Equity, Real Estate, Infrastructure, Capital Markets and Aviation services. This single-source offering allows clients to focus on value creation for investors while being supported by dedicated professional teams.
"With this new proposition, we are laser-focused on optimising our operations and investing in the business to better serve our clients' needs and support their growth," says Abdel Hmitti, President of Vistra Fund Solutions. "We have reorganised our service delivery to embed a client-centric service culture that is underpinned by a robust operating model and technology platform. Our success is driven by our world-class talent and is already being felt as we support our clients at every step of the investment lifecycle to optimise impact and returns."
This brand launch is the start of a global campaign bringing Vistra Fund Solutions to life and highlighting what the promise of 'above and beyond' service means in practice. The campaign calls out high quality, precision, flexibility and agility, to deliver exceptional results and help fund managers choose what's right for both their ambitions and the specifics of their fund operation throughout its lifecycle.
Nicholas Macksey, Partner of EQT Private Capital Asia – an investor backing Vistra – adds, "Vistra Fund Solutions is a natural evolution of the legacy Vistra business unit that served the funds market. This launch is symbolic of Vistra's commitment to supporting those clients with the dedicated, world-class and tailored end-to-end services they need for navigating complexity and achieving success on a global scale. This is a milestone for Vistra and will accelerate the growth and value of the organisation for its people, stakeholders and clients."
For more information about Vistra Fund Solutions, please visit vistra.com/funds.
About Vistra
Vistra is a leading provider of essential business services to help companies and private capital funds grow across the entire business and investment lifecycle.
Here at Vistra, our purpose is progress. As a close ally to our clients, our role is to remove the friction that comes from the complexity of global business. We partner with companies and private capital managers along the corporate and private capital lifecycle. From HR to tax and from legal entity management to regulatory compliance, we quietly fix the operational and administrative frustrations that hamper business growth. With over 9,000 experts in more than 50 markets, we can accelerate progress, improve processes, and reduce risk, wherever your ambition takes you.
For more information about Vistra, visit vistra.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Vistra launches newly-branded Vistra Fund Solutions with a promise to go above and beyond for clients
New research tracks evolving financial and economic crime risks, unveils the Secretariat Economic Crime Index (SECI), and highlights key trends shaping 2025 and beyond
ATLANTA and DUBAI, April 10, 2025 /PRNewswire/ -- Secretariat, the leading global legal, risk, and regulatory advisory firm, has released its inaugural Global Financial and Economic Crime Outlook 2025, providing a comprehensive analysis of financial and economic crime threats worldwide. The report maps jurisdictional risks, assesses emerging crime trends, and introduces the Secretariat Economic Crime Index (SECI)—a groundbreaking new country-by-country risk assessment measuring financial and economic crime factors impacting business viability.
Financial crime remains an alarming global concern, with illicit financial flows projected to surge between USD 4.5 trillion to USD 6 trillion by 2030, according to Secretariat estimates. Money laundering, fraud, bribery, and market abuse continue to evolve and become more sophisticated, fueled by shifting geopolitical and regulatory priorities, rapid advancements in virtual assets, decentralized finance (DeFi), artificial intelligence (AI), and machine learning.
"The financial crime landscape is shifting at an unprecedented pace," says Secretariat Managing Director Bhavin Shah. "Our report equips organizations with the intelligence they need to navigate these complex risks, anticipate threats, and implement proactive safeguards."
Key Findings of the Report
Mapping Global Risk with the SECI Index
At the core of the report is the Secretariat Economic Crime Index (SECI), a proprietary tool that analyzes financial and economic crime risks across 177 countries. The SECI score (ranging from 0 to 4) integrates Secretariat's expert analysis with data from three established global benchmarks: the Basel AML Index, the Corruption Perceptions Index, and the Organized Crime Index. Countries are categorized into four distinct risk tiers:
2025 and Beyond: The Future of Financial and Economic Crime Prevention
The report outlines ten major financial and economic crime trends shaping the next decade, including:
As financial and economic crime becomes more sophisticated, regulators, financial institutions, and corporations must adopt data-driven, technology-enabled strategies to safeguard the global financial system.
"We're entering a new era where rules are being redefined in real time, not only due to technological disruption, but also because the global economy is fragmenting, legal systems are retrenching, and global norms are being rewritten," says Shah. "Alongside these shifts, rising tariffs are creating new vulnerabilities. This environment gives criminal networks new opportunities to adapt, exploit weaknesses, and outpace regulators, reinforcing the need for more agile enforcement strategies."
"In a rapidly shifting compliance landscape, organizations must move beyond traditional risk assessments," notes Secretariat Managing Director Ralph Stobwasser. "The SECI index and our in-depth country analysis brings clarity to jurisdictional vulnerabilities and emerging crime trends. Prevention is key, but readiness is vital. Institutions must react, respond, and remediate to minimize impact, restore trust, and ensure resilience. At the same time, we must recognize that protectionist tariffs, while aimed at safeguarding domestic industries, can unintentionally fuel the shadow economy. Distorted market prices create opportunities for smuggling and trade-based money laundering, particularly where enforcement is weak. These dynamics allow criminal networks not just to avoid tariffs, but to fund broader illicit operations under the radar."
The Secretariat Global Financial and Economic Crime Outlook will publish annually, establishing itself as a trusted resource and barometer for international business activity.
Download a full copy of the report.
About Secretariat
Secretariat experts are trusted in the highest-stakes legal, risk, and regulatory matters around the world. Renowned law firms, leading corporations, and respected governmental entities turn to our more than 600 disputes, investigations, economic, engineering, and data advisory experts when the stakes are high – supporting them with meticulous preparation, insightful analysis, and clearly persuasive communications. Our bright minds and passionate problem-solvers put their financial, analytical, and strategic insights to work in the fast-paced sectors we serve – from construction and energy to healthcare, technology, and natural resources. Quality, integrity, and independence are woven into every aspect of our work. But, most importantly, when success is on the line, our globally integrated teams thrive on working through the most daunting problems in ways that remove uncertainty and instill confidence. Learn more at www.secretariat-intl.com.
PDF - https://mma.prnewswire.com/media/2662069/Secretariat_Global_Financial_and_Economic_Crime_Outlook_2025_Map.pdf?p=original
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
New Secretariat Report Maps Rising Financial and Economic Crime Risks in 177 Countries
New Secretariat Report Maps Rising Financial and Economic Crime Risks in 177 Countries
